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Tips to Having an Upper Hand When Involving A Rent Review Expert and Arbitration

As a tenant leasing commercial or residential property, you should be ready for rent review every five years. Leaving this to chance until the due date before involving a rent review expert and arbitration will leave you licking your wounds.

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Tips to Having an Upper Hand When Involving A Rent Review Expert and Arbitration

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  1. Tips to Having an Upper Hand When Involving A Rent Review Expert and Arbitration

  2. As a tenant leasing commercial or residential property, you should be ready for rent review every five years. Leaving this to chance until the due date before involving a rent review expert and arbitration will leave you licking your wounds. As a tenant, you should know your landlord has been preparing for the rent review since the last one was done.

  3. You should also be ready by following the following tips: Start Early Waiting till the 11th hour before making a move will cost you dearly. Involve a rent review expert and arbitration as early as 18 month and not later than 12 month to the next rent review. This will give the professional ample time to monitor and study the local market in order to know determine the rent floor and ceiling.

  4. You should also be ready by following the following tips: Prepare and Watch Out For Stalling Tactics By Your Landlord This will be determined by how ready you are. You should expect that your landlord will be caught unawares by your readiness. Therefore, he will bring in a series of time-wasting strategy to either make you lose interest or have the upper hand at negotiation.

  5. You should also be ready by following the following tips: Know That There are Numerous Pitfalls in the Rent Review Process In order to have the best result you aim fall during rent review, never ignore whatever document or notice sent by your landlord. You need to get an expert look over your lease agreement to see the pitfalls and how to handle them. There will be loopholes that can be explored by a rent review expert and witness arbitration.

  6. You should also be ready by following the following tips: Be Prepared For an Elongated Rent Review Negotiation You may not know the length and extent your landlord is ready to go in order to ensure you are boxed in a corner. The period of negotiation will be a factor of the stance of your landlord and how aggressive they are in negotiation. Expect from a month to even years, just prepare yourself with a rent review expert by your side.

  7. You should also be ready by following the following tips: It Is Worth It To Involve a Rent Review Expert You may be a Fortune 500 Executive doing good at running your business, but you cannot underestimate the foresight and experience of an expert. Save yourself the pain and sleepless night with the expertise of a rent review expert and witness arbitration in negotiating a favorable rent.

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